…times their debt plus y% of the outstanding debt each year. So debt in dollars changes with this payment then with the change in the index. y% of the house…

…Credit default insurance. 1) You can hedge against default on bonds by buying a diversified portfolio of bonds 2) Prudential regulations do not take account of this fact, but rather…

…when GW (temporarily) retired the 30 year bond in 2001, he in effect prevented the country from locking in the very, very low rates that prevailed until the 30 year…

…bonds. That alone gets you about $600-700 billion over the next decade (and all before Social Security is projected to run into a shortfall where cash income from tax falls…

…have to be housing, but (with hindsight) we can see housing was a logical candidate. No one seemed to doubt that home prices could ever stop rising. Debt had no…

…you hear a different tale. Not a single junk bond has been issued in Europe since August. Every attempt failed. Europe’s corporate bond issuance fell 66pc in the third quarter…

…mortgage lenders, does anyone really think that it can ultimately stop fraud lawsuits by mortgage bond investors, many of them spread out across the globe? The catastrophic consequences of bond…

…the stock market crash in 1987, the Asian financial crisis and bond-market paralysis in 1998, the bursting stock bubble in 2000. Suddenly, this year has all the ingredients of a…

…created bond-price-rule approach to policy. In other words, the central bank seems to be using the bond market as its leading real-world indicator … For years, conservative economists have argued…

…bond/inflation indexed Treasury bond portfolio after subtracting 0.25 percentage points for transactions costs” In fact the calculator is based on the same “analysis” of the proposal that Mark Thoma rightfully…